News

On July 14 Igor Nosov, Director General of Innopolis, told RANEPA Summer Campus participants what they need to know about venture capital to attract investments to their start-ups. Venture capital investors choose technological startups, trying not to miss a new Uber or Facebook, and invest in their development, which helps first-time entrepreneurs implement their ideas.

Making pitch presentations on their business ideas, young companies compete for support from venture capital funds or private investors. The main task of a young entrepreneur is to persuade investors that his/her startup be capitalized and will become a unicorn company in the future.

Igor Nosov paid students’ attention to the fact that today at the global market there are 436 unicorn companies, 166 of which were established in 2015-2016. Of course, venture companies and private investors take risks when investing money in startups. That is why it is important that a first-time entrepreneur can show what ROI (Return on Investment) investors can expect.

The organizers of the Summer Campus of the Presidential Academy are the Russian Presidential Academy of National Economy and Public Administration, the Government of the Republic of Tatarstan, the Association of Innovative Regions of Russia, with the support of the Group of Companies ACIG.